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All Forum Posts by: Steve Simon

Steve Simon has started 1 posts and replied 2 times.

Post: Seller refusing to supply proof of cash flow

Steve SimonPosted
  • Tucson, AZ
  • Posts 2
  • Votes 0

Thank you to both @Peter MacKercher and @Mark Creason. I figured this was a huge red flag. Will move on.....

Post: Seller refusing to supply proof of cash flow

Steve SimonPosted
  • Tucson, AZ
  • Posts 2
  • Votes 0

Hello,

I am looking at buying a turnkey investment property that is tenant occupied. The seller has supplied me with a rental agreement but refuses to show me proof of cash flow i.e. bank statements or copies of deposited rent checks.

Is this a red flag not to proceed?

Thanks for your feedback!